A risk supervisor oversees a team of risk analysts to identify, assess, and manage an organization's risks. They perform statistical analysis to quantify risks, develop risk management policies, and present findings to management to help with decision-making. This role also involves monitoring internal and external risk factors and ensuring compliance with regulations.
Key responsibilities
Team leadership: Supervises a team of risk analysts and other staff.
Risk assessment: Conducts and oversees risk assessments to evaluate potential vulnerabilities and threats to the organization's assets.
Data analysis: Uses statistical analysis to quantify risk, forecast outcomes, and analyze data on both internal and external risks.
Policy development: Designs, implements, and ensures compliance with risk management policies and protocols.
Reporting and communication: Prepares reports and presents findings to management and other stakeholders to inform decision-making.
Monitoring: Continuously monitors risk factors, which can include economic, market, and regulatory risks.